Healthcare providers should revaluate their ICD-10 transition plans to make sure they are on track for seamless implementation next year, according to ICD-10 Watch.
Payors should already be updating their software, systems and procedures to be in compliance. They should also have goals for six or seven months of testing. Payors and providers should team up to be on the same page, according to the report.
Early testing is a necessity, as not all vendors will be ready for the Oct. 1, 2014, deadline, and even an electronic health record will not be enough if the proper information doesn’t get inputted for claims.
Don't leave your transition strategy to a technology vendor. Rather, base your schedule on your practice's needs. Also work to combat fear of the switch with training, education and communication.
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Payors should already be updating their software, systems and procedures to be in compliance. They should also have goals for six or seven months of testing. Payors and providers should team up to be on the same page, according to the report.
Early testing is a necessity, as not all vendors will be ready for the Oct. 1, 2014, deadline, and even an electronic health record will not be enough if the proper information doesn’t get inputted for claims.
Don't leave your transition strategy to a technology vendor. Rather, base your schedule on your practice's needs. Also work to combat fear of the switch with training, education and communication.
More Articles on Revenue:
Cigna Closes 4Q With 49% Boom in Net Income
Connecticut Hospitals Face $207M Cut in Budget Gap Proposal
Utah, HHS in Talks to Split Health Insurance Exchange